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Dec 13, 2012
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energy, tech, materials, all down. volatility, everybody is waiting for it, but the vix does not move at all. just a modest move again today. the fiscal cliff looks like it's going to be resolved. that's what the vix is saying, and the fed's actions are not going to create volatility, even additional futures contracts in the vix are not higher in the last several weeks here. we did have a spike in bond yields yesterday. some good very excited about the idea that perhaps we were going to have some inflation issues, but, you see, inflation portfolios that spiked yesterday, didn't do anything today. the gold issue is down and the pimco tips, didn't do anything today and even funds, etfs, maria, that short treasuries like that tbt, that bottom one there, that had big volume yesterday and today but not a lot of price action. maria, back to you. >> up next, no impact. someone here says the federal reserve's unprecedented action to keep the economy on track won't make a lick of a difference in avoiding the fiscal cliff. the d
energy, tech, materials, all down. volatility, everybody is waiting for it, but the vix does not move at all. just a modest move again today. the fiscal cliff looks like it's going to be resolved. that's what the vix is saying, and the fed's actions are not going to create volatility, even additional futures contracts in the vix are not higher in the last several weeks here. we did have a spike in bond yields yesterday. some good very excited about the idea that perhaps we were going to have...
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Dec 13, 2012
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liz: investors betting on clean energy sending shares soaring 50% in the public debut. the inside scoop. the chairman, yes, runs tesla, and the ceo and co-founder, they are cousins, david. boy, they are big on entrepreneurial spirit. they are coming up next. plus, the holiday shopping season in high gear. up next, an analyst who is worried about holiday shopping, even with last month's pop. telling us why, pointing us to winners and losers for your stock portfolio. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. pl, it reduces copd flare-ups. spiriva the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if u have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye d
liz: investors betting on clean energy sending shares soaring 50% in the public debut. the inside scoop. the chairman, yes, runs tesla, and the ceo and co-founder, they are cousins, david. boy, they are big on entrepreneurial spirit. they are coming up next. plus, the holiday shopping season in high gear. up next, an analyst who is worried about holiday shopping, even with last month's pop. telling us why, pointing us to winners and losers for your stock portfolio. ♪ look, if you have copd...
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Dec 13, 2012
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that are going to cost -- 1 38 billion in compliance costs to business, and billions more in higher energy bills. you've got the transportation department which is planning a whole host of new regulations that are going to raise the cost of cars and trucks. they want to force everybody to have a rear-facing camera inside their dashboard. so an american family that's struggling to make ends meet has to buy a rear-facing camera because the federal government says so. you've got all the regulations coming under obamacare and all the rest. we are going -- the fiscal cliff is a slow decline compared to the regulatory cliff we're facing next year. megyn: simon, i don't really understand the water and the runoff -- >> me neither, megyn. [laughter] megyn: okay, it's bad for the worms, i guess, okay, that's fine. but here's what got my attention. the democratic-led board of supervisors joined with ken cucinelli, i mean, the very conservative attorney general of virginia. that's a very strange pair of bed fellows to get together against the epa. what do you make of it? >> all politics are local, i g
that are going to cost -- 1 38 billion in compliance costs to business, and billions more in higher energy bills. you've got the transportation department which is planning a whole host of new regulations that are going to raise the cost of cars and trucks. they want to force everybody to have a rear-facing camera inside their dashboard. so an american family that's struggling to make ends meet has to buy a rear-facing camera because the federal government says so. you've got all the...
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Dec 13, 2012
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energy technologies. you know, one of the things on this cliff is the end of the wind energy production tax which has been so incredibly successful in helping build this wind industry that is ready to take off but still needs a bit more support. clean energy, to my state, illinois, the middle west where we got lots of wind. it's free. and investing in wind energy, if that expires we're being to lose 7,000 jobs in illinois alone because of the failure to help invest in the wind energy industry. mr. johnson: well, it's not profitable at had time for private industry to invest in such a new way of producing energy. there's no profit in it. they won't do it. but government, having the leadership and the vision to understand where we need to go, how we need to take our people into the future, our leadership, we, the public policy apparatus, the government, we the people, the government, us, we have a responsibility not just to enhance short-term profits, we have a responsibility as a government to plan and pre
energy technologies. you know, one of the things on this cliff is the end of the wind energy production tax which has been so incredibly successful in helping build this wind industry that is ready to take off but still needs a bit more support. clean energy, to my state, illinois, the middle west where we got lots of wind. it's free. and investing in wind energy, if that expires we're being to lose 7,000 jobs in illinois alone because of the failure to help invest in the wind energy industry....
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Dec 13, 2012
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and two years later he took the lead in energy independence and the energy independence and security act of 2007. that bill was an even more ambitious effort than 2005 as the national journal reported, it was the most sweeping energy-efficiency legislation ever put into law. on both these bills, jeff worked in a commendable bipartisan fashion with senator domenici, a longtime republican from our home state of new mexico. he also achieved these compromise bills with a republican house in 2005, a democratic house in 2007, and both were signed into law by a republican president, george w. bush. jeff mentioned earlier the public lands package of 2009. this was another great achievement. jeff reached across the aisle for compromise and protected two million acres in nine states as new wilderness areas and more than a thousand miles of rivers and streams. one of the greatest land protection laws ever, and it will benefit for generations to come. and it is part of the legacy of jeff bingaman. we are spending time these days debating the failings of the senate, the gridlock, the partisanship
and two years later he took the lead in energy independence and the energy independence and security act of 2007. that bill was an even more ambitious effort than 2005 as the national journal reported, it was the most sweeping energy-efficiency legislation ever put into law. on both these bills, jeff worked in a commendable bipartisan fashion with senator domenici, a longtime republican from our home state of new mexico. he also achieved these compromise bills with a republican house in 2005, a...
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Dec 13, 2012
12/12
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that's right, 78 quad drillon uses of energy. no kidding about it. when we look at what's happening in the energy complex today, a lot has to do with the fiscal cliff. you know, we saw the big builds in gasoline supplies over the last couple weeks and refining mar gyps cut in half. we have problems on the side where the supplies are tight, and the question for this market over the long term is how quickly refinders can flip to the other side. the other big news, of course, looking at aaa today, they say that holiday gasoline demand is 1.6% above a year ago. talk metals with that, always shimmering, sandra smith. >> thank you for that intrough, mr. phil. look at this, guys, messing with the charts here, a six-month chart, silver and gold. the gold line here, and silver out performing gold so far in 20 # 12. gold prices up 10%. silver up 21%, guys, so, really, outshining gold so far. look at what's happening with gold today. i'm going to throw up an year-to-date chart here. big sell off in the open, profit taking after a jump yesterday. the reason folk
that's right, 78 quad drillon uses of energy. no kidding about it. when we look at what's happening in the energy complex today, a lot has to do with the fiscal cliff. you know, we saw the big builds in gasoline supplies over the last couple weeks and refining mar gyps cut in half. we have problems on the side where the supplies are tight, and the question for this market over the long term is how quickly refinders can flip to the other side. the other big news, of course, looking at aaa today,...
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Dec 13, 2012
12/12
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he just spoke here a little bit earlier about renewable energy and clean energy and wind energy, and i want to express my support for the extension of the wind production tax credit. mark udall, he knows well, and i do, how important this is, and i want to commend him for his efforts here on the floor, his persistent efforts to try to get this done. i came to the chamber to discuss wind incentives earlier this year. i urged then and i urge now an immediate extension. we need this before the end of the year. we need to provide certainty for wind projects and employees. but here we are again today. we haven't got it done yet but we're going to have to keep working. as the presiding officer and the senator from colorado knows, we work on the floor, we work off the floor, we work behind the scenes to try to get this done, and we need to get this extension, this vital tax credit for wind is set to expire in 18 short days. that would be a huge mistake to let it expire. many projects would be delayed, thousands of jobs would be lost. clean energy jobs have been a bright spot in our economy.
he just spoke here a little bit earlier about renewable energy and clean energy and wind energy, and i want to express my support for the extension of the wind production tax credit. mark udall, he knows well, and i do, how important this is, and i want to commend him for his efforts here on the floor, his persistent efforts to try to get this done. i came to the chamber to discuss wind incentives earlier this year. i urged then and i urge now an immediate extension. we need this before the end...
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Dec 13, 2012
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the cheap energy and consistent energy in our country is remarkable. it is why -- >> stock's up 85% this year. >> they are coining money, david, i know you can say they are late with that but you get these major industrial companies taking advantage of lower energy costs in this country. it is a win for the american people. i'm try to be upbeat in the face of washington pulling us down every single day. >> upbeat tonight on "mad money," 6 and 11? >> brigs and stratton, machinery company. i got to tell you, i use a briggs and stratton energy to be able to power my house during the power outage. see you back here to >> all right, buddy. >> 6.5, the magic number, how let fed says the rate of unemployment has to get to before it even thinks about raising rates. what if we don't get there? we will explore what's at stake for your money. keep it here. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what t
the cheap energy and consistent energy in our country is remarkable. it is why -- >> stock's up 85% this year. >> they are coining money, david, i know you can say they are late with that but you get these major industrial companies taking advantage of lower energy costs in this country. it is a win for the american people. i'm try to be upbeat in the face of washington pulling us down every single day. >> upbeat tonight on "mad money," 6 and 11? >> brigs and...
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Dec 13, 2012
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the fact that he is in good condition usually means he will do better in terms of his energy level throughout the process. >> reporter: the governor will receive daily radiation treatments at ucsf. they last about 10 minutes, they're supposed to be painless, and they should be complete in early january. in san francisco, elissa harrington, cbs 5. >> thank you. >>> the governor is a fighter with a great spirit. i'm sure he will pull through this. >>> a cold start this morning. >> definitely. >> we had up ever 20s in the wind sheltered valleys. you mentioned you saw a meteor this morning? >> i did on my way in. >> the geminids taking place this morning and tonight. if you want to check out that meteor shower it will be a good night to check out the falling stars. out the door, we have mostly clear skies. it is cold all that air from the gulf of alaska parked right over the bay area. that is causing those cold temperatures outside. looking out there over the bay, you can see a couple of clouds. otherwise, mostly clear to begin with. these temperatures very cold in spots. 33 degrees now in santa
the fact that he is in good condition usually means he will do better in terms of his energy level throughout the process. >> reporter: the governor will receive daily radiation treatments at ucsf. they last about 10 minutes, they're supposed to be painless, and they should be complete in early january. in san francisco, elissa harrington, cbs 5. >> thank you. >>> the governor is a fighter with a great spirit. i'm sure he will pull through this. >>> a cold start...
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Dec 13, 2012
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we have 9, 10-year-old kids who are drinking gallons of energy drinks in order to get an edge. kids when they're 12 or 13 will spend thousands of dollars on unregulated supplements, muscle supplements, diet supplements in order to get bigger and stronger and faster. and then when they get to high school where it's really competitive and winning is really important, they go to the hard stuff. >> tim green was a star defensive end for the atlanta falcons for eight years. since his retirement he's been successful as a broadcaster, attorney and a novelist and among his novels he has written a series of books for young readers on sports. he joins me now on the phone. tim, good morning to you. >> good morning, don, good to be with you. >> good to be with you, too, thanks for coming on. you have children. you've written for kids and coached them. do you worry about young athletes taking the wrong message about performance-enhancing drugs? >> absolutely. whatever young players hear about professional athletes, using performance drugs, the message is loud and clear that it is a part of
we have 9, 10-year-old kids who are drinking gallons of energy drinks in order to get an edge. kids when they're 12 or 13 will spend thousands of dollars on unregulated supplements, muscle supplements, diet supplements in order to get bigger and stronger and faster. and then when they get to high school where it's really competitive and winning is really important, they go to the hard stuff. >> tim green was a star defensive end for the atlanta falcons for eight years. since his...
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Dec 13, 2012
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so if you are overweight in energies and utilities, perhaps sell that. i think the best group next year is going to be financials and materials. > run with the banks. good to have you on the show. that is larry shover of sfg alternatives. > > thank you. legislation dramatically shrinking the power of unions has won approval in michigan. last night, governor rick snyder signed two bills into law that change michigan into a right-to- work state. thousands of protestors for and against the measure staged demonstrations inside and outside the capitol in lansing, michigan. despite shouts from pro-union workers, the gop-led house okayed 2 bills that essentially stop public and private sector workers from being forced to pay union dues, with exceptions for police and fire fighters. some people consider it a form of "union busting." "we're going to challenge it in court. it's discriminatory. it's anti-worker. we hope to put it on the ballot. we're going to get petitions. all of labor is united on this." michigan, home of the uaw and the big three automakers, wil
so if you are overweight in energies and utilities, perhaps sell that. i think the best group next year is going to be financials and materials. > run with the banks. good to have you on the show. that is larry shover of sfg alternatives. > > thank you. legislation dramatically shrinking the power of unions has won approval in michigan. last night, governor rick snyder signed two bills into law that change michigan into a right-to- work state. thousands of protestors for and against...
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Dec 13, 2012
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that would mean a $148 million cut to the department of energy's energy efficiency and renewable energy program alone. these cuts would tremendously damage our ability to develop the clean energy technologies of tomorrow, technologies that lead to not only lower energy bills for our constituents but also to new businesses and middle-class jobs. i see it every day in my congressional district where cutting edge companies like launch point technologies can transform and use federal funding to develop new exciting ideas that would otherwise lange wish on the drawing board -- languish on the drawing board. the threat of the fiscal cliff is real. we need to come together and pass a balanced package that continues building for a clean energy future. i yield back the balance of my time. the speaker pro tempore: the chair lays before the house an enrolled bill. the clerk: h.r. h.r. 2467, an act to take serl federal lands in mono county, california, into trust for the benefit of the bridgeport indian colony. the speaker pro tempore: pursuant to clause 8 of rule 20, the chair will postpone furthe
that would mean a $148 million cut to the department of energy's energy efficiency and renewable energy program alone. these cuts would tremendously damage our ability to develop the clean energy technologies of tomorrow, technologies that lead to not only lower energy bills for our constituents but also to new businesses and middle-class jobs. i see it every day in my congressional district where cutting edge companies like launch point technologies can transform and use federal funding to...
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Dec 13, 2012
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the last time i checked this is the energy and commerce committee, not the budget committee. having said that, i think we did a good job to bring about a balance, to bring about the dollars that would fund the public safety network, that we would produce dollars for deficit reduction, but again, this is the energy and commerce committee, in section 309 of the communications act explicitly prohibits the fcc from basing its auction rules predominately on the revenue that would be generated and during the bipartisan negotiations on this bill compromise was reached to allow unlicensed services to operate in the guard bands that would be created as part of the band plan which would not be auctioned. the cbo looked at the proposal that became law and concluded that the guard band concept does not decrease the revenue. i don't know where all of this is coming from. i think it is kind of interesting but it seems to me that again the hearing today is keeping the new broadband spectrum law on track. i want to start, mr. chairman, mr. chairman, the commission might know is currently, th
the last time i checked this is the energy and commerce committee, not the budget committee. having said that, i think we did a good job to bring about a balance, to bring about the dollars that would fund the public safety network, that we would produce dollars for deficit reduction, but again, this is the energy and commerce committee, in section 309 of the communications act explicitly prohibits the fcc from basing its auction rules predominately on the revenue that would be generated and...
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Dec 13, 2012
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probably going to need an energy secretary. you can't have a protacted fight about every single one of those. he's probably going to -- likely he may need a supreme court justice. >> bill: or two or three. >> right right. so you kind of have to pick and choose where your battles are going to be. >> bill: brenda is out in cincinnati. good morning. >> good morning. and i'm calling regarding -- i almost agree with everything the lady tula said. i think that was her name. oh i believe in picking and fighting our battles. i fought the battle hard here in cincinnati. i like john kerry like she said. john kerry is weak, i'm sorry. i voted for him. but he's not the strongest person against the republicans. and we need to pick our battles and start now. i'm sick and tired of being told by republicans who blankety blank we can pick and who we can choose while they think this is the reason why they're the way they are now because this president gave gave, gave. i'm sick of the give. i worked my butt getting people out to win ohio. i've be
probably going to need an energy secretary. you can't have a protacted fight about every single one of those. he's probably going to -- likely he may need a supreme court justice. >> bill: or two or three. >> right right. so you kind of have to pick and choose where your battles are going to be. >> bill: brenda is out in cincinnati. good morning. >> good morning. and i'm calling regarding -- i almost agree with everything the lady tula said. i think that was her name. oh...
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Dec 13, 2012
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big energy scam called leed, the designation for energy efficient buildings across the country. there is a builders council that has fisted this racket on the country for quite a while and there is all sorts of government incentives at every level so architects and designers pursue this designation. and in the nation's schools, this has become somewhat of a boondoggle. usa today did a very good investigative report on how it's based on a lot of junk science 'cause what you'll have a lot of these eco zealots claiming that these energy efficient modifications somehow improve academic performance. no evidence whatsoever. >> steve: it's so crazy because we're opinioning hundreds of millions of dollars on these green buildings that aren't green and, in fact, some of the old buildings are more energy efficient. michelle, have a terrific weekend. thank you very much for joining us on this thursday. >> you bet. take care. >> brian: coming up, hall and oaths in a nasty fight. one in the slammer. say it ain't so. more to this story than you think. >> gretchen: she's a rich girl. ♪ appar
big energy scam called leed, the designation for energy efficient buildings across the country. there is a builders council that has fisted this racket on the country for quite a while and there is all sorts of government incentives at every level so architects and designers pursue this designation. and in the nation's schools, this has become somewhat of a boondoggle. usa today did a very good investigative report on how it's based on a lot of junk science 'cause what you'll have a lot of...
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Dec 13, 2012
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year over year ex-food and energy up 2.2%. the former up 1.5% is definitely a bit light 2.3% our last look. one could argue matches expectations. a little heavier than our last year over year look which was 2.1. you know if we look at the claims number it's 343,000. that is definitely a very big drop from an upperly advised 372,000. so you know, we're down 29,000 on initial claims. and we're getting back into a zone that we were kind of carving out before superstorm sandy. whether this number is back on track, and around all its distortions of holidays and storms and weather and whatnot, i can't say. but most people around me were shaking their head when they saw it. there's your litany of date to. there's still more to come. you got 170 handle on 10s. a 290 handle on 30s. and it seems like there's some major divergence going on between ten-year and boone which we haven't seen in awhile spread widening. back to you. >> so okay. we're going to -- i mean, you're -- you're pessimistic, too, about anything good happening. but we c
year over year ex-food and energy up 2.2%. the former up 1.5% is definitely a bit light 2.3% our last look. one could argue matches expectations. a little heavier than our last year over year look which was 2.1. you know if we look at the claims number it's 343,000. that is definitely a very big drop from an upperly advised 372,000. so you know, we're down 29,000 on initial claims. and we're getting back into a zone that we were kind of carving out before superstorm sandy. whether this number...
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Dec 13, 2012
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is the energy there? the age factor. it could be fascinating. >> it would be like the patriots against the jets. >>> still to come -- deck the halls. how about wreck the halls? >> the victoria's secret models release a video i'll watch in private. i have no idea what they say, but they sure look good. we'll be right back. >> announcer: world news now ♪ when i see your face there's not a thing that i would change ♪ >> yes, indeed. >> this should be your favorite story of the day. >> this is. victoria's secret angels, those eyes, lips, the curves, perfection in every conceivable way. >> ah, except one. can they sing? linsey davis tells us how they may have hit their first wrong note, ever. >> reporter: just call them dancer, prancer and vixen. only it's not exactly their noses that are red but their cheeks, flush with embarrassment now that this holiday video from victoria's secret is making its way around the internet. and not for the reason you might think. ♪ don we now our gay apparel, fa la, la, la, la ♪ no, is
is the energy there? the age factor. it could be fascinating. >> it would be like the patriots against the jets. >>> still to come -- deck the halls. how about wreck the halls? >> the victoria's secret models release a video i'll watch in private. i have no idea what they say, but they sure look good. we'll be right back. >> announcer: world news now ♪ when i see your face there's not a thing that i would change ♪ >> yes, indeed. >> this should be your...
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Dec 13, 2012
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MSNBCW
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competitions between competing ideas and competing entities are exciting things, and there can be a ton of energy around the democratic process, the literal process of making sure that the i's are dotted and the t's are crossed and the forms are counted right and the things are all filled in, that is not exciting. that in fact should be this boring on purpose. and if the web cam was any judge, this really was that boring. day and night it looked like this. you know, you don't want an exciting banker. you don't want an exciting accountant. and you don't really want an exciting signature counter either, right? i mean the emotionally supercharged scott walker recall effort, the government accountability board was a peaceful island of boring by design, because they are a nonpartisan just the facts kind of place. that's the way it ought to be. the rules about who can serve on the government accountability board are amazing. six members, all former judges, nominate bade special nonpartisan independent committee, and then they get appointed by the governor. but the governor can only choose people who ha
competitions between competing ideas and competing entities are exciting things, and there can be a ton of energy around the democratic process, the literal process of making sure that the i's are dotted and the t's are crossed and the forms are counted right and the things are all filled in, that is not exciting. that in fact should be this boring on purpose. and if the web cam was any judge, this really was that boring. day and night it looked like this. you know, you don't want an exciting...
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Dec 13, 2012
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CURRENT
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unless we have a jobs program, energy efficiencies investments in improving our electrical grid, unless we put people to work in this country, we are not ever going to close the deficit. i would say let's raise those income taxes on the highest earners, but couple it with a jobs program. >> jennifer: which is what he has tried to do by insisting on a $50 million surplus for infrastructure. fiscal cliff discussions are obviously continuing and the white house has lowered the amount of new revenue it is seeking from $1.6 trillion to $1.4 trillion. i want to have you listen to a sound bite from speaker boehner. >> listen we have been reasonable and responsible in our approach to this and we're going to continue to do that. it's time for the president to do his part. >> jennifer: i don't know if you can hear that. >> i heard it. but very quickly, we got here because of two massive tax cuts two unpaid for wars and financial recklessness on wall street and deregulation. we need to restore those upper income brackets and have an investment program to put people back to work. the fed recognizes
unless we have a jobs program, energy efficiencies investments in improving our electrical grid, unless we put people to work in this country, we are not ever going to close the deficit. i would say let's raise those income taxes on the highest earners, but couple it with a jobs program. >> jennifer: which is what he has tried to do by insisting on a $50 million surplus for infrastructure. fiscal cliff discussions are obviously continuing and the white house has lowered the amount of new...
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company which was subsidized by the government so that the united states can compete with china on green energy according to barack obama it fails china comes in a scoops up the company i think that's a pretty good as a kid but my point is that what you know what everybody else always did with tariffs what we did with paris for two and a half three centuries arguably five centuries i mean go back to henry the fifth tudor policies i mean the first establish this in the fourteen hundreds in england . what when those tariffs fell in the eighty's all these other countries went to vat taxes which they could reverse when when the export of things so right now functionally germany has a twenty percent import tariff or a twenty percent export subsidy japan does china does taiwan does. i made the list because just because i'm not all the many major manufacturing countries in the world we don't we're the only ones hanging out here in the wind and we're the only ones that are being just realized when reagan came into office a quarter of our g.d.p. was industrial production now it's eleven percent there is
company which was subsidized by the government so that the united states can compete with china on green energy according to barack obama it fails china comes in a scoops up the company i think that's a pretty good as a kid but my point is that what you know what everybody else always did with tariffs what we did with paris for two and a half three centuries arguably five centuries i mean go back to henry the fifth tudor policies i mean the first establish this in the fourteen hundreds in...
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Dec 13, 2012
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i hope we do more on energy issues across the board. and finally, i think making sure the united states remains competitive in what will be as the world economy recovers, which we hope it will, we have to invest in our people, education, our science. other countries are copying the model we used and made very successful. we need to do immigration reform and make sure the u.s. is competitive. >> jackie? >> i wanted to ask about several areas where the democrats leverage might not be so great. on c.p.i. and the medicare retirement age. how does the president say no to those when we came to know in july 2011 when he was negotiating with the speaker he agreed to both of those in exchange to higher revenues. the second one would be on the state tax but the democrats are split on that. i'm curious as to what -- ok, medicare age and c.p.i., the state tax and the payroll tax or its quev. i wound what the equivalent is. >> on the payroll tax cut or its equivalent. as you know in the december 2010 tax discussions, we agreed that we would replace
i hope we do more on energy issues across the board. and finally, i think making sure the united states remains competitive in what will be as the world economy recovers, which we hope it will, we have to invest in our people, education, our science. other countries are copying the model we used and made very successful. we need to do immigration reform and make sure the u.s. is competitive. >> jackie? >> i wanted to ask about several areas where the democrats leverage might not be...
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if you did energy the president wants it do raise taxes on income and on dividends and capital gains which is harmful to the economy, you only generate next year $68 billion which funds the government for less than a week. what do you do the other 51 weeks of the year? you have a weak sluggish stagnant economy that is growing more slowly than two years ago when the president we cannot raise taxes and at that time growth was stronger than it is today and now he seems to have the obsession with raising taxes and especially raising taxes on small business. republicans believe spending has to be in the equation. can you not solve what airlines this country and what is going to help our long term fiscal solvency unless you deal with spending and entitlement reform. that is why we believe that has to be part of the solution. >>neil: thank you, senator. hope you are nut there through christmas. >> the president says he is prepareed to do some tough cuts. but what in congressman, what are you open to cutting? >>guest: thank you for having me, neil. we have seen the cuts and the president pro
if you did energy the president wants it do raise taxes on income and on dividends and capital gains which is harmful to the economy, you only generate next year $68 billion which funds the government for less than a week. what do you do the other 51 weeks of the year? you have a weak sluggish stagnant economy that is growing more slowly than two years ago when the president we cannot raise taxes and at that time growth was stronger than it is today and now he seems to have the obsession with...
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domestic, abundant, clean energy to power our lives... that's smarter power today. >>> it's time now to clear the air. and while the president and speaker boehner continue to trudge through trickle as they try to reach an agreement, the fiscal cliff has already arrived for workers in michigan. the protests that marked the passage of legislation signed almost immediately by governor rick snyder were indicative of the anger felt by hard working americans who know that their future will soon begin to darken. republicans like rick snyder argue these right to work laws will improve a state's economy by creating more jobs. but like many of their favorite mantras, the facts do not support the claim. an exhaustive study conducted by a highly respected economist has found that states which have already enacted the law have seen no increase in business start-ups or rates of employment. but what they have seen is this. employment, wages, and per capita personal income are all lower on average, in right to work states. so congratulations to governor
domestic, abundant, clean energy to power our lives... that's smarter power today. >>> it's time now to clear the air. and while the president and speaker boehner continue to trudge through trickle as they try to reach an agreement, the fiscal cliff has already arrived for workers in michigan. the protests that marked the passage of legislation signed almost immediately by governor rick snyder were indicative of the anger felt by hard working americans who know that their future will...
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fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know, of course, you can't get down to what those 18,000 employers would really say now because some still have demand and some would be less impacted and more impacted. we look at our clients and what they are trying to do right now. 27% in this survey said there would be no change, and the reason this number is high and higher than we've seen, they are holding their hands tight. okay. what do i do? don't know what to do, but we're hearing also, you know what, as your previous guest said if i had some certainty i would feel a little bit better about hiring some people and adding that cost on and until we get t
fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know,...
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. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax multi-tool starter kit and get a free head attachment. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now
. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax...
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Dec 12, 2012
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meanwhile apart from some temporary fluctuations largely reflected swings in energy prices, it is likely to run at or below the federal market committee's 2% objective in coming quarters over the longer term. against a macroeconomic backdrop includes high unemployment and subdued inflation, the fomc will maintain the policy. today the committee took several steps. first, it decided to continue its purchases of agency mortgage-backed securities initiated at the september meeting at a pace of $40 billion per month. second, the committee decided to purchase longer-term secretary securities after the search to, current program to extend the maturity holdings is completed at the end of the year. in continuing its asset purchases, the committee seeks to maintain downward pressure on longer-term interest rates in the key financial conditions accommodated. therefore promoting economic growth while ensuring inflation over time is close to 2% objective. finally, the committee today also modify the guidance of future rate policy to provide more information to the public about how it anticipates it
meanwhile apart from some temporary fluctuations largely reflected swings in energy prices, it is likely to run at or below the federal market committee's 2% objective in coming quarters over the longer term. against a macroeconomic backdrop includes high unemployment and subdued inflation, the fomc will maintain the policy. today the committee took several steps. first, it decided to continue its purchases of agency mortgage-backed securities initiated at the september meeting at a pace of $40...
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look, we heard from the ranking member of the energy and commerce committee that the f.d.a. had deemed the active pharmaceutical ingredient in primatene mist to be dangerous. what is the active ingredient in primatene mist? it's epinephrine. we heard from the gentlelady from florida that a product in her district was a good product and was available. what's the active pharmaceutical ingredient in there? epinephrine. the difference is the propelent which is the object of our discussion here today. now, i will tell you as an yazz -- asthmatic patient, i will just tell you, the replacement propelent that is available in albutte roll inhalers does -- albuter ol inhalers does not -- go to the facebook page who one after the other will delineate why c.f.c. worked for them when h.f.a. containing products does not. what about epinephrine, there is an ultrasonic nebraska lieser. a unique approach that frankly i welcome. let me stress, madam speaker, although this product, epinephrine, is available without a prescription, it's not generally available over the counter. and i know this
look, we heard from the ranking member of the energy and commerce committee that the f.d.a. had deemed the active pharmaceutical ingredient in primatene mist to be dangerous. what is the active ingredient in primatene mist? it's epinephrine. we heard from the gentlelady from florida that a product in her district was a good product and was available. what's the active pharmaceutical ingredient in there? epinephrine. the difference is the propelent which is the object of our discussion here...
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i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this is it. the last scheduled meeting unless there is an emergency. what do you say? >> there are a couple things to watch here. this is all about getting housing going again. this is why they are buying mortgage bonds. they talked about it in several statements. the economy -- you are starting to see a cat that housing recovery. we are going into the slow season, winter is usually the slow season for housing. if they do more than expected will be in mortgage bonds. dennis: which would you rather have the fed buy more of? mortgage-backed securities for u.s. treasurys? >> for much
i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this...
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it supplies 90% of the north korea's energy and substantial amounts of food to keep the north korean population there instead in china. but china has not been willing to do that because it fears that the regime would collapse and the peninsula would reunify. that's what we need to convince china long term it is in their interests. if north korea's nuclear weapons program goes on other countries in the region, japan, south korea, taiwan and others are themselves going to look whether they want nuclear weapons which would obviously make the entire region much more unstable. jon: and for those who wondered whether kim jong-un had staying power as leader of north korea, he just bought himself a whole lot of time in that job, didn't he? >> well i think he showed that the capability of the north koreans has been underestimated and i think you're right. this will be a political boost for him but let's be clear. this rocket-testing program and the work with iran have been going on for decades and they have had some notable failures but each failure tells them something and each success tells
it supplies 90% of the north korea's energy and substantial amounts of food to keep the north korean population there instead in china. but china has not been willing to do that because it fears that the regime would collapse and the peninsula would reunify. that's what we need to convince china long term it is in their interests. if north korea's nuclear weapons program goes on other countries in the region, japan, south korea, taiwan and others are themselves going to look whether they want...
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wind energy and veterans. i spent more than 20 years in the wind industry as a technology development engineer. in those days we saw some spectacular failures and dramatic failures, but every year we put more into the technology development. little bit this year in the aerodynamics, gear box, foundation, every year a little incremental improvement in the control systems, field testing so we understood what was going on and the power electronics, and today we have an industry that is a spectacular industry. . the touchins produce power for five cents per kilowatt. it's been a successful business. the united states dominated that business because of consistent policies, consistent tax policies. we could rely on the policies being there year after year. investors came in, engineers came in. in the early 1980's those policies began to change and the technology began to leave our country and we've seen -- i've seen in my career the incentives come and go over the years. i can tell you it's devastating to the indust
wind energy and veterans. i spent more than 20 years in the wind industry as a technology development engineer. in those days we saw some spectacular failures and dramatic failures, but every year we put more into the technology development. little bit this year in the aerodynamics, gear box, foundation, every year a little incremental improvement in the control systems, field testing so we understood what was going on and the power electronics, and today we have an industry that is a...
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i'm sharon epperson with the latest report from the energy department on oil supplies. could oil supplies in the past week, they rose by 843,000 barrels, 843,000 barrels, that was an increase where many analysts had been anticipating a decline. but it was not as big a build as what the american petroleum institute reported last evening. the gasoline supply numbers, definitely one that surprised many traders. an increase of 5 million barrels in the past week. gasoline supplies rose by 5 million barrels in the past week. and supplies rose by 3 million barrels in the past week. we are looking at prices coming off of their highs of the session. a big build across the board. that is likely to take oil prices and the rest of the petroleum complex off of the highs of the day. >> we want to check on shares of walmart, the world's largest retailer. underperformer compared to the peers as well, down 2.2% at this hour. ceo mike duke making comments last night to the council on foreign relations, saying one week after the elections, 25% of the core customers knew about the fiscal c
i'm sharon epperson with the latest report from the energy department on oil supplies. could oil supplies in the past week, they rose by 843,000 barrels, 843,000 barrels, that was an increase where many analysts had been anticipating a decline. but it was not as big a build as what the american petroleum institute reported last evening. the gasoline supply numbers, definitely one that surprised many traders. an increase of 5 million barrels in the past week. gasoline supplies rose by 5 million...
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it actually does count energy costs and things like that. however, there is a big discussion among a lot of the advocacy groups who do not to think it truly reflects the cost increase that singers have to pay period i. when the government of the calculation, they take a large basket of items every month and a measure how much prices change. energy, housing, education, transportation, all kinds of things, health care. and there is concern that health care may be is not as big a part of that calculation as it should be, especially for older americans, because older americans may not spend much on education or spend as much on daily transportation, but they probably spend more money on health care each year that other folks do. health-care costs have traditionally gone up higher than inflation every year. so there's some concern it does not truly reflect their cost of living increase each year. host: we're talking about how social security factors into the fiscal cliff. c-span has part of our website set up specifically for the fiscal cliff. we
it actually does count energy costs and things like that. however, there is a big discussion among a lot of the advocacy groups who do not to think it truly reflects the cost increase that singers have to pay period i. when the government of the calculation, they take a large basket of items every month and a measure how much prices change. energy, housing, education, transportation, all kinds of things, health care. and there is concern that health care may be is not as big a part of that...
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tdd#: 1-800-345-2550 one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> we'll hear from an eyewitness close enough to the gunman to admit "i am the shooter." >>> a provocative act, north korea launches a rocket overnight. is this a coverup for a ballistic missile program? >>> house republicans give president owe pa ma a counter offer on a deal to avoid the fiscal cliff. will it be a compromise the president can agree with? >>> an asteroid buzzes right between the earth and the moon. the question is, how did it get past astronomers? >> it's wednesday, december 12th and "starting point" begins right now. good morning, welcome, everybody. our team, deepak chopra, the author of "super brain, unleashing
tdd#: 1-800-345-2550 one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> we'll hear from an eyewitness close...
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we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can -- that fracking can be just -- it's been done, by the way, i'm told, for 30 years. it can be done safely and rationally. some of the deep wells in the gulf, and it's certainly safer than sending hundreds of thousands of kids overseas to fight wars. so this could be -- it's safer than what? like that oil pipeline would have been safe in the alternative. we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational incr
we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can...
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even control your thermostat to help save energy and money. get adt installed starting at just $99. that's a $300 savings. you may even save up to 20% on your homeowners insurance. for everything that matters most. adt. always there. >> brian: quick headlines steven crowder talks any what it is like to be punched . a jennie rivera's plane hit a ground at a nose dive at a speed that may have exceeded 600 miles per hour. pope benedict xvi sending out an official tweet this morning. i am sorry. to a tune of one million followers tweeting a blesssing. dear friends, i am pleased to get in touch throughh you in twitter. thanks for your generous response. i bless all of you from my heart. y he will be to 145 characters or less. >> gretchen: that is revolutionary that the pope is now tweeting. >> brian: two hundred years ago monks had to write those tweets out. >> gretchen: monks didn't peek. they had to write them. a new tone set by big labor and it looks like bleep). >> gretchen: i think i heard them say i will kill him with a gun. passage of the new law making it optional in michigan and
even control your thermostat to help save energy and money. get adt installed starting at just $99. that's a $300 savings. you may even save up to 20% on your homeowners insurance. for everything that matters most. adt. always there. >> brian: quick headlines steven crowder talks any what it is like to be punched . a jennie rivera's plane hit a ground at a nose dive at a speed that may have exceeded 600 miles per hour. pope benedict xvi sending out an official tweet this morning. i am...
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opportunities be they conventional growth opportunities or alternative new investments in alternative energy. so i get both sides of that. and honestly, on the fairness and moral side, that only goes so far, too. what i try to convince people and when you frame it this way pretty much everybody gets it. again, it is not -- i consider myself to be selfish here, at least 50% the other side may be partly moral. i'm selfish because i'm interested in having a good life and i want my kids to have a good life and that depends more than anythingen oh the country and the world that they live in. >> dr. richard rockefeller thank you for joining us. we really appreciate it. >> it's been a pleasure, thanks. >> cenk: as he shows you don't have to be a rockefeller to help a fella but it doesn't hurt, either. >> when we come back, if you pay attention, you know who the every day presents another exciting issue. from financial regulation, fraud on wall street. things everyday exploding around the world that leave no shortage for exciting conversations. at the end of the show, you know what has happened, why
opportunities be they conventional growth opportunities or alternative new investments in alternative energy. so i get both sides of that. and honestly, on the fairness and moral side, that only goes so far, too. what i try to convince people and when you frame it this way pretty much everybody gets it. again, it is not -- i consider myself to be selfish here, at least 50% the other side may be partly moral. i'm selfish because i'm interested in having a good life and i want my kids to have a...
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if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. the sleep number bed's secret is it's air chambers which provide ideal support and put you in control of the firmness. and the bed is perfect for couples because each side adjusts independently toumber. here's what clinical research has found: ® 93% of participants experienced back-pain relief. ® 90% reported reduced aches and pains. ® 87% fell asleep faster and enjoyed more deep sleep. for study summaries, call this number now. we'll include a free dvd and brochure about the sleep number bed including prices, and models plus a free $50 savings card. and how about this? steel springs can cause uncomfortable pressure points. but the sleep number bed contours to your body. imagine how good you'll feel when your muscles relax and you fall into a deep sleep! i'm not just a back surgeon, i'm also a back patient. i sleep on the sleep number bed myself and i highly recommend it to all of my patients. need another reason to call? the sleep number bed costs about the same
if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. the sleep number bed's secret is it's air chambers which provide ideal support and put you in control of the firmness. and the bed is perfect for couples because each side adjusts independently toumber. here's what clinical research has found: ® 93% of participants experienced back-pain relief. ® 90% reported reduced aches and pains. ® 87% fell asleep faster and enjoyed...
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we just won a national battery innovation hub proposal, a competition from the department of energy because we were working together to put in michigan the new advanced innovation hub. things that we've been doing to make things and grow things and workers and management together. all of that is out the window and it's horrible for our state for people to see and experience this divisiveness. >> all right. do you think right-to-work legislation helps bring jobs to your state? >> no, absolutely not. i mean, the reality is this, if workers vote to have a union and if somebody comes into the workplace, they don't have to join. the governor is wrong when he says that. i think it's important to go to the point to say that the difference is they get the benefits of collective bargaining. the question is do they contribute, not whether or not they get the benefits. so does it help? no. as you pointed out last night, wages and benefits are lower. working conditions are less safe in states where workers don't have a voice at the bargaining table to collectively bargain. we don't want to raise to thi
we just won a national battery innovation hub proposal, a competition from the department of energy because we were working together to put in michigan the new advanced innovation hub. things that we've been doing to make things and grow things and workers and management together. all of that is out the window and it's horrible for our state for people to see and experience this divisiveness. >> all right. do you think right-to-work legislation helps bring jobs to your state? >> no,...
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will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. major funding for the pbs newshour has been provided by: >> bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. major funding for the pbs newshour has been provided by: >> bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made...
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putting us in control of our energy future, now. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. i'm a sheets girl, but i don't just put'em in the dryer to freshen up my clothes. i put'em in my shoes, i put'em in my car, i put'em in my vases. girl, i been put'n'em for as long as i can remember. [ male announcer ] how do you get your bounce? [ woman ] sheets, i put'em! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at cit
putting us in control of our energy future, now. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. i'm a sheets girl, but i don't just put'em in the dryer to freshen up my clothes. i put'em in my shoes, i put'em in my car, i put'em in my vases. girl, i been put'n'em for as...
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it takes energy of political capital to make those changes. there's a tradeoff in dealing with the cliff and the immediate tax increases on individuals and the capacity to also think more fundamentally. tracy: i hear you. there shouldn't be a tradeoff. we knew it was coming. we saved it for the last minute. it's like people taking laxatives to lose the last five pounds before a wedding. it doesn't work. alex, former ways and means committee, chief economy, it frtrates me, sir, thanks for being here. >> all right, thanks for having me on. tracy: you have a burger, and it's back on again. we have a fox business alert now. british bank agreed to pay $2 billion to settle a money laundering probe. the justice department says they broke the law in connection with the laundering of money from narcotics trffickers in mexico, lieve it or not. they say hstc intentionally allowed prohibited transactions with iran, libya, sudan, burma, and cuba. the ceo says the bank accepts responsibility and is profoundly sorry. really? that was it. coming up, is the fo
it takes energy of political capital to make those changes. there's a tradeoff in dealing with the cliff and the immediate tax increases on individuals and the capacity to also think more fundamentally. tracy: i hear you. there shouldn't be a tradeoff. we knew it was coming. we saved it for the last minute. it's like people taking laxatives to lose the last five pounds before a wedding. it doesn't work. alex, former ways and means committee, chief economy, it frtrates me, sir, thanks for being...
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with vitamin c for immune support and b vitamins for natural energy, i'm ready for whatever they get into. get your free sample at myemergenc.com. stay healthy and feel the good. get your free sample at myemergenc.com. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> two dead and one transported. additionally, i can confirm that the shooter is dead of an apparent self-inflicted gunshot wound. by all accounts there's no rounds fired by law enforcement today. >> no rounds? >> we will take questions at the end. >> no rounds fired by law enforcement today in the mall. again, we are wrapping up our search of the mall and releasing e
with vitamin c for immune support and b vitamins for natural energy, i'm ready for whatever they get into. get your free sample at myemergenc.com. stay healthy and feel the good. get your free sample at myemergenc.com. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares...
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Dec 12, 2012
12/12
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KQED
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will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. major funding for the pbs newshour has been provided by: >> bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >> this is nbr. captioning sponsored by wpbt >> tom: good evening. i'm tom hudson. the fiscal cliff debate hits the floor of the u.s. house but not much progress is made. warren buffett and others tell lawmakers to look for more money from the estate tax. >> susie: i'm susie gharib. could another major bond-buying program be on the way? what we could hear tomo
will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. major funding for the pbs newshour has been provided by: >> bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made...
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Dec 12, 2012
12/12
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FBC
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combination of fiscal discipline, hold the line on spending and rapid economy growth through extension of energy sector and pro growth strategy from government. neil: it seems inevitable that tax increases will be a part of the deal, whether a return to clintonnary top rates or -- era top rates or something in between oadjusting deductions or write-offs, but one way shape or form, taxes on the upper income will rise. >> it does not make sense, first of all, taxes are already going up on everyone, because of obamacare, when you add to that the tax increase that president is proposing, the rates are much higher than clinton era. >> you would go against what boehner has been saying. >> i do not know, i will not undermine what he said, i am saying this does not make sense, taxing will be higher. and president is proud of the unemployment. labor pool shrank. so, if unemployment went down, under existing tax rates, why would we raise taxes if president believes that jobs are being created and the economy is growing with the current tax rates why would he risk that by changing the tax rates. that is wh
combination of fiscal discipline, hold the line on spending and rapid economy growth through extension of energy sector and pro growth strategy from government. neil: it seems inevitable that tax increases will be a part of the deal, whether a return to clintonnary top rates or -- era top rates or something in between oadjusting deductions or write-offs, but one way shape or form, taxes on the upper income will rise. >> it does not make sense, first of all, taxes are already going up on...